Elon Musk

Tesla CEO Elon Musk Buys Twitter For $44 Billion

April 26, 2022
The deal was shaken upon on Monday following weeks of speculation about Twitter’s future after Elon Musk’s emergence as the platform’s largest single shareholder on 4 April. On 14 April, Musk announced a takeover bid, offering $54.20 per share in the social media giant. Though initially opposed to the takeover, Twitter’s board warmed to the […]
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Twitter Board Salary Will Be $0 If Elon Musk Acquires Company

April 19, 2022
On Monday, Tesla and SpaceX CEO Elon Musk said that Twitter’s board of directors will not receive a salary if his acquisition of the company is successful. In a Tweet, Musk wrote, “Board salary will be $0 if my bid succeeds, so that’s ~$3M/year saved right there.” Presently, Twitter spends approximately $2.9 million in cash […]
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Musk U-Turn: Tesla CEO Goes Back On Joining Twitter Board

April 11, 2022
In an unexpected U-turn, Tesla CEO Elon Musk will no longer be joining the board of Twitter, reversing a collaboration announced just last week by the social media giant.  Turning to Twitter, the company’s CEO Parag Agrawal wrote: “Elon Musk has decided not to join our board [...] The Board and I had many discussions […]
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Tesla’s Elon Musk To Join Twitter Board

April 6, 2022
Tesla and SpaceX CEO Elon Musk has been given a seat on Twitter’s board following the news that the billionaire is now the social media giant’s largest shareholder with a 9.2% stake.  On Tuesday, Twitter CEO Parag Agrawal tweeted, “Through conversations with Elon in recent weeks, it became clear to us that he would bring […]
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Tesla CEO Elon Musk Considers Creating New Social Media Platform

March 29, 2022
Tesla and SpaceX CEO Elon Musk has said he is giving “serious thought” to building a social media platform. However, the billionaire didn’t go into detail on how his hypothetical social media platform would work or how it would look.  Musk’s remark came after he claimed that Twitter, a social media platform that he uses […]
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Musk’s Tesla Will Pay Conscripted Ukrainian Employees

March 10, 2022
According to CNBC, Tesla wrote in an email to its European employees: “For any Tesla employee who is a Ukrainian national and has been asked to return to Ukraine for active duty as a reservist, we will maintain their employment and salary for 3 months, with a view to assessing after this period as needed.” […]
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How Rich Is Vladimir Putin?

March 9, 2022
As Russia’s unprovoked attack on Ukraine continues, heads are increasingly turning to the country’s president and his mysterious fortune. How rich is Russian President Vladimir Putin? Is Putin richer than Tesla CEO Elon Musk? And how did Putin amass his elusive net worth? President Putin’s Net Worth In 2018 the Kremlin disclosed that President Putin […]
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Elon Musk’s Tesla Makes Supercharging EVs Free For Fleeing Ukrainians

March 3, 2022
In an email to Ukrainian Tesla owners published by Electreck, Musk’s EV company announced that it would drop the fee for its supercharging stations in countries directly surrounding Ukraine. Both Tesla and non-Tesla EVs can be charged without cost in Poland, Slovakia, and Hungary.  “We hope that this helps give you the peace of mind […]
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SpaceX CEO Elon Musk Provides Internet To Ukrainians Via Starlink Satellites

February 28, 2022
“Elon Musk, while you try to colonise Mars — Russia try to occupy Ukraine! While your rockets successfully land from space — Russian rockets attack Ukrainian civil people!" Ukraine’s vice prime minister, Mykhailo Fedorov, tweeted. Internet connectivity in Ukraine has been heavily impacted by the Russia invasion, particularly in the south and east of the […]
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Tesla CEO Elon Musk’s Net Worth Drops Below Key Milestone

February 24, 2022
Shares in Tesla fell for the fourth day in a row to their lowest level since September amid a broad decline in global stock markets, largely due to geopolitical tensions surrounding Russia and Ukraine.  According to the Bloomberg Billionaires Index, Tesla’s CEO remains the wealthiest person in the world. Nonetheless, Musk has seen $71.7 billion […]
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Here's Why Elon Musk Doesn't Pay Himself A Salary

February 23, 2022
Elon Musk may have said that he doesn't have a pot of money lying around, but you can bet your bottom dollar that he doesn't have to search for change in his wallet to fill up his fancy Tesla. Yes, Musk might not have billions sitting in a bank account, but he does have billions […]
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Elon Musk Donates Over $5.7 Billion In Tesla Shares

February 15, 2022
Billionaire Tesla CEO Elon Musk donated a total of 5,044,000 shares in the world's most valuable car manufacturer in November last year, according to its filing with the US Securities and Exchange Commission (SEC).  Musk’s donation was worth an impressive $5.74 billion, based on the closing prices of Tesla shares on the five days he […]
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